First time since October 2020, General Motors stock closes below its IPO price
General Motors shares fell below the automaker’s post-bankruptcy IPO price of $33 on Monday for the first time since October 2020. GM’s stock closed Monday at $32.28 per share, a 7.8 percent decrease. GM’s stock has dropped over 45 percent this year. DETROIT: General Motors shares fell below the automaker’s post-bankruptcy IPO price of $33 … Read more